Canadian commercial real estate attractive to investors

Viewed globally as a safe haven, given the country's stable economic and political climate, and sound market fundamentals

Canadian commercial real estate attractive to investorsInvestors remain enthusiastic about Canada's commercial property market, despite uncertainty surrounding rising interest rates, the lateness of the investment cycle and – in particular – scarcity of available product to meet insatiable demand, says a new report by commercial real estate firm Avison Young. Canada is still viewed globally as a safe haven, given the…

Taking the stress out of moving

Nate Edwards talks about how Virtuo’s tech-enabled service saves customers time and eases headaches

Taking the stress out of movingNate Edwards is co-founder and managing partner of Virtuo. Calgary’s Business: What is Virtuo and when was it founded? Edwards: Virtuo is a tech-enabled customer experience company that makes transitioning and settling into a new home simple and stress free. We save homebuyers more than 40 hours of their time by facilitating everything for them,…

Canadian commercial real estate market booming

Toronto and Vancouver remain the primary destinations for commercial real estate. Calgary, Montreal and Edmonton rounded out the top five

Canadian commercial real estate market boomingIt’s been a record year for the Canadian commercial real estate industry so far in 2018. According to a new report released Monday by CBRE Canada, there were $16.5 billion worth of transactions in the second quarter of the year, up 38 per cent from the previous record total of $11.97 billion in the first…

A tale of two cities and their wildly different spending habits

Vancouver taxes and spends far more than neighbouring Surrey. But do Vancouverites get value for their greater investment?

A tale of two cities and their wildly different spending habitsBy Josef Filipowicz and Charles Lammam The Fraser Institute With three levels of government delivering a wide array of services to British Columbians – paid for by an equally wide array of taxes, fees and transfers – it can be difficult for citizens to understand and assess government taxation and spending – especially at city…

Kindersley Mall now officially under new ownership

The new owners knew the grocery store in the mall was closing but the Home Hardware closure came as a surprise

Kindersley Mall now officially under new ownershipKenneth Brown of The Clarion A real estate management firm has announced the closing of its transaction to acquire the Kindersley Mall as part of a large portfolio of 44 retail properties. Strathallan Capital Corp., a Toronto-based firm that manages and operates four private funds, issued a news release on Oct. 4 to announce the…